Post
Topic
Board Altcoin Discussion
Re: BitBay | Decentralized Marketplace | Unmoderated Thread
by
Zlate
on 12/12/2014, 10:37:58 UTC
I mean really, why on earth would they need 3000 BTC for this project? Of course they can spend that amount easily, but in reality they got multiple times what they needed and people didn't find that suspicious?

That part was 100% transparent though. The max of 3000 btc was known before the ICO started. I thought that was an okay target but people who didn't like that amount were free not to invest.

A good point that was raised here though is that the OP has two conflicting milestone schedules. Toknormal also asked for more clarification on the Bter side of things.

All that aside the only real deciscion an investor needs to make is to judge whether or not this venture will be worth more, or less, than 3000 BTC based on what it has set out to do. That part hasn't changed.
Target of 3000 BTC was known before and you thought it was an okay target? You really think they had to raise that amount to develope the project?

Well, it seems that a lot of people thought that way, that's why they are where they are now...